IntegraFin Holdings Valuation

Is IHP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of IHP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: IHP (£3.79) is trading above our estimate of fair value (£3.19)

Significantly Below Fair Value: IHP is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for IHP?

Key metric: As IHP is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for IHP. This is calculated by dividing IHP's market cap by their current earnings.
What is IHP's PE Ratio?
PE Ratio24x
EarningsUK£52.30m
Market CapUK£1.25b

Price to Earnings Ratio vs Peers

How does IHP's PE Ratio compare to its peers?

The above table shows the PE ratio for IHP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average34.4x
AQX Aquis Exchange
37.5x10.6%UK£186.2m
N91 Ninety One Group
8.9x2.0%UK£1.5b
LSEG London Stock Exchange Group
83x21.9%UK£56.5b
PLUS Plus500
8.2x-0.09%UK£1.8b
IHP IntegraFin Holdings
24x9.5%UK£1.3b

Price-To-Earnings vs Peers: IHP is good value based on its Price-To-Earnings Ratio (24x) compared to the peer average (34.4x).


Price to Earnings Ratio vs Industry

How does IHP's PE Ratio compare vs other companies in the GB Capital Markets Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PNIX Phoenix Digital Assets
1.1xn/aUS$32.25m
IX. i(x) Net Zero
0.1xn/aUS$8.94m
APQ APQ Global
0.4xn/aUS$5.78m
No more companies available in this PE range
IHP 24.0xIndustry Avg. 12.1xNo. of Companies16PE01020304050+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: IHP is expensive based on its Price-To-Earnings Ratio (24x) compared to the UK Capital Markets industry average (12.1x).


Price to Earnings Ratio vs Fair Ratio

What is IHP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IHP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24x
Fair PE Ratio15.9x

Price-To-Earnings vs Fair Ratio: IHP is expensive based on its Price-To-Earnings Ratio (24x) compared to the estimated Fair Price-To-Earnings Ratio (15.9x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst IHP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£3.79
UK£3.67
-3.1%
11.7%UK£4.40UK£2.88n/a12
Nov ’25UK£3.70
UK£3.67
-0.7%
11.7%UK£4.40UK£2.88n/a12
Oct ’25UK£3.66
UK£3.65
-0.3%
12.0%UK£4.40UK£2.88n/a12
Sep ’25UK£3.87
UK£3.58
-7.5%
11.7%UK£4.40UK£2.88n/a12
Aug ’25UK£3.80
UK£3.55
-6.6%
10.3%UK£4.00UK£2.88n/a12
Jul ’25UK£3.46
UK£3.48
+0.6%
9.7%UK£3.90UK£2.88n/a11
Jun ’25UK£3.51
UK£3.47
-1.3%
9.4%UK£3.90UK£2.88n/a12
May ’25UK£3.00
UK£3.31
+10.6%
8.1%UK£3.85UK£2.88n/a12
Apr ’25UK£2.78
UK£3.27
+17.8%
8.9%UK£3.85UK£2.75n/a11
Mar ’25UK£2.77
UK£3.27
+18.2%
8.9%UK£3.85UK£2.75n/a11
Feb ’25UK£2.85
UK£3.28
+14.9%
9.7%UK£3.85UK£2.75n/a12
Jan ’25UK£3.03
UK£3.20
+5.5%
13.5%UK£3.85UK£2.35n/a11
Dec ’24UK£2.50
UK£3.10
+24.2%
14.4%UK£3.85UK£2.35n/a11
Nov ’24UK£2.25
UK£3.13
+38.9%
12.4%UK£3.85UK£2.35UK£3.7012
Oct ’24UK£2.37
UK£3.26
+37.5%
10.4%UK£3.85UK£2.75UK£3.6612
Sep ’24UK£2.40
UK£3.27
+36.3%
10.0%UK£3.85UK£2.75UK£3.8712
Aug ’24UK£2.38
UK£3.27
+37.7%
10.0%UK£3.85UK£2.75UK£3.8012
Jul ’24UK£2.37
UK£3.37
+42.3%
7.4%UK£3.85UK£3.00UK£3.4612
Jun ’24UK£2.49
UK£3.37
+35.6%
7.4%UK£3.85UK£3.00UK£3.5112
May ’24UK£2.72
UK£3.40
+25.0%
6.9%UK£3.85UK£3.00UK£3.0012
Apr ’24UK£2.72
UK£3.39
+24.6%
7.4%UK£3.85UK£2.85UK£2.7812
Mar ’24UK£2.82
UK£3.39
+20.3%
7.4%UK£3.85UK£2.85UK£2.7712
Feb ’24UK£3.12
UK£3.30
+5.7%
14.0%UK£3.85UK£2.00UK£2.8511
Jan ’24UK£3.02
UK£3.29
+9.0%
14.7%UK£3.85UK£2.00UK£3.0310
Dec ’23UK£2.95
UK£3.11
+5.5%
16.0%UK£3.85UK£2.00UK£2.5011
Nov ’23UK£2.57
UK£3.07
+19.5%
16.2%UK£3.85UK£2.00UK£2.2511

Analyst Forecast: Target price is lower than the current share price.


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